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Suppose the stock pays a $ 1 . 1 0 dividend with an ex - dividend date of September 1 0 . Rework part a

Suppose the stock pays a $1.10 dividend with an ex-dividend date of September 10. Rework part a of problem 7 using an appropriate dividend-adjusted procedure. Calculate this answer by hand and then recalculate it using BlackScholesMertonBinomial10e.xlsm.

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